Nicor Electric Offers 14 Percent Lower Electricity Prices

NAPERVILLE, Ill.--(BUSINESS WIRE)--Today Nicor Electric announced electricity prices that are 14 percent
lower than what ComEd residential customers are currently paying.

The new offer is a result of the recently announced licensing agreement
between Nicor Advanced Energy, LLC, and Dominion Retail, a leading
energy supplier. Under the agreement, Dominion Retail is marketing
electricity to ComEd’s 3.4 million residential customers and supplying
the electricity under the Nicor Electric name, and Nicor Advanced Energy
is providing sales support through its industry leading call center.

The electric market in Illinois has been open to competition for several
years, but it’s only recently that new suppliers have decided to enter
the market due to improvements in electric utilities’ billing and
collection services for other electric providers.

“In 15 years of serving energy customers in deregulated markets, we have
found that customers benefit from choice,” said Richard Zelenko, Vice
President, Dominion Retail. “We are pleased to enter the Illinois
electric market, and to help customers save on their electric bills.”

Nicor Electric will supply the electricity, and ComEd will continue to
deliver the electricity, read the meter, provide a single bill with all
charges, maintain electric lines, and respond to outages and
emergencies. Customers can also continue to select a budget billing plan.

“This offer brings much needed savings to consumers,” said Paul DeLacey,
Nicor Advanced Energy Vice President, Optimization & Planning for Nicor
Advanced Energy. “And customers know they are dealing with two companies
that have a long-standing commitment to customer service.” Customers can
find out more at www.nicorelectric.com
or by calling 1-888-491-6493.

The agreement between Nicor Advanced Energy and Dominion Retail is not a
joint venture or partnership. Nicor Electric is not a subsidiary of
Nicor Inc. or affiliate of any Nicor Company.

Dominion Retail, a subsidiary of Dominion Resources, serves the electric
energy needs of more than 2.2 million customers in 15 states, making it
the third largest energy retailer in the country.

Nicor Advanced Energy combines its expertise in energy markets with
quality service and offers innovative billing options that provide
convenience and budget protection to customers. Nicor Advanced Energy is
an ICC-certified natural gas supplier and part of the Nicor Gas Customer
Select program. Nicor Advanced Energy is not the same company as Nicor
Gas. It is an affiliate and its prices are not regulated by the Illinois
Commerce Commission. Customers are not required to buy products or
services from Nicor Advanced Energy in order to receive the same quality
service from their utility. For more information about Nicor Advanced
Energy, visit www.nicoradvancedenergy.com.

Dominion is one of the nation's largest producers and transporters of
energy, with a portfolio of approximately 28,200 megawatts of
generation, 11,000 miles of natural gas transmission, gathering and
storage pipeline and 6,300 miles of electric transmission
lines. Dominion operates the nation's largest natural gas storage system
with 947 billion cubic feet of storage capacity and serves retail energy
customers in 15 states. Dominion practices environmental stewardship and
contributes more than $20 million annually to the environment,
education, arts and culture, and health and human services. For more
information about Dominion, visit the company’s website at www.dom.com.